Stocks to watch · picked from the news before the open
Stocks That Could Go Up on Wednesday, October 21, 2026
Capital One, Elevance, Super Micro and 4 more stocks with news that could lift them today
Published 9:20 AM ET · measured from the 9:30 AM open · Results final · Stable Income Strategy
Which stocks went up on October 21, 2026?
Capital One, Elevance Health and Super Micro Computer lead today's list. Capital One beat third-quarter profit estimates by about 22% and is up 3.2% before the bell; Elevance topped EPS estimates by $2.29 and raised its 2026 floor to $29 a share; Super Micro lifted its revenue forecast far above estimates. Futures are slightly higher, led by the Nasdaq.
2 of 7 picks rose at least to their target from the 9:30 AM open; the best, SpaceX (SPCX), gained as much as 3.50% (high at 10:03 AM ET). The S&P 500 ETF rose as much as 0.42% over the same time.
- Stocks picked from the news
- 7
- Reached their target
- 2 of 7
- Best rise to the high: SPCX
- +3.50%
- S&P 500 ETF over the same time (to its high)
- +0.42%
01
The list at a glance
Final results (after the close).
| # | Stock | Catalyst | Target | To the high | To the close | Result |
|---|---|---|---|---|---|---|
| 1 | COF Capital One Financial | Earnings | +1.5%60% confidence | +2.48%at 10:32 AM | +0.14% | Reached |
| 2 | ELV Elevance Health | Earnings | +1.5%58% confidence | +1.28%at 9:31 AM | −2.44% | Missed |
| 3 | SMCI Super Micro Computer | Guidance | +3%55% confidence | +2.83%at 9:33 AM | −2.33% | Missed |
| 4 | SPCX SpaceX | Earnings | +3%54% confidence | +3.50%at 10:03 AM | −0.78% | Reached |
| 5 | TSLA Tesla | Deal | +2%52% confidence | +1.94%at 9:51 AM | +1.32% | Missed |
| 6 | MU Micron Technology | Sector | +2%50% confidence | +0.51%at 9:32 AM | −1.09% | Missed |
| 7 | DOCN DigitalOcean | Upgrade | +2.5%50% confidence | +0.94%at 9:30 AM | −1.89% | Missed |
Target: the expected rise from the open to the day’s high; confidence: the chance we gave it of getting there. “To the high” and “to the close” are counted from the 9:30 AM opening price.
02
Why each stock could go up
Early Wednesday, S&P 500 futures were up about 0.1%, Nasdaq 100 futures up 0.3% to 0.4% and Dow futures down about 0.1%, after the Dow gained nearly 530 points on Tuesday; Meta and Tesla report after today's close. SpaceX's results are lifting AI hardware stocks, which helps Super Micro, SpaceX and Micron, while Netflix (down about 6%) and Intuitive Surgical (down 7.9%) fall on earnings.
- 1
Capital One Financial (COF)
Financials · +3.2% pre-market (about +5% after hours on Tuesday)
+1.5% target
60% confidence
EarningsCapital One Q3 adjusted EPS of $6.69 beats estimates by $1.19; net interest margin rises to 8.41% — Investing.com
Capital One earned an adjusted $6.69 a share in the third quarter, $1.19 (about 22%) above estimates, on $16.3 billion of revenue, up 3% from the prior quarter. Its net interest margin rose 40 basis points to 8.41% and it released $225 million of loan reserves, a sign of steadier credit. A clean beat on both margin and credit tends to keep buyers coming after the open.
Risk: Management said it will spend more on marketing, which could cap the gain if investors focus on costs.
From $206.37 at 9:30 AM:high +2.48% at 10:32 AMclose +0.14%day +2.53% Reached +1.5% - 2
Elevance Health (ELV)
Health care · +1.8% pre-market
+1.5% target
58% confidence
EarningsElevance Health Q3 adjusted EPS of $6.99 tops $4.70 consensus; 2026 outlook raised to at least $29 — Investing.com
Elevance earned an adjusted $6.99 a share against a $4.70 consensus, a 49% beat, and raised its full-year adjusted EPS floor to at least $29.00 and its operating cash flow outlook to at least $6.5 billion. A beat that size with a higher outlook, against only a 1.8% pre-market gain, leaves room for the stock to extend after the open.
Risk: Revenue grew only 0.7% to $50.4 billion, so doubts about the quality of the beat could stall the move.
From $445.00 at 9:30 AM:high +1.28% at 9:31 AMclose −2.44%day −1.37% Missed +1.5% - 3
Super Micro Computer (SMCI)
Information technology · +12% pre-market to $36.43 on 5.2 million shares by 9:17 AM ET
+3% target
55% confidence
GuidanceSuper Micro raises fiscal Q1 revenue forecast to $18.5–19.5 billion, above the $14.99 billion consensus — Investing.com
Super Micro lifted its preliminary fiscal first-quarter revenue range to $18.5–19.5 billion from $14.5–15.5 billion, about 27% above the $14.99 billion consensus at the midpoint, and raised its gross margin range to 12.0–12.5% from 10.4–10.8%. A raise on both sales and margins is the strongest kind of same-day catalyst, and the stock's usual intraday swings make a 3% push above the open reachable.
Risk: Already up about 12% before the open, the stock may give part of the gap back before it adds 3%.
From $36.42 at 9:30 AM:high +2.83% at 9:33 AMclose −2.33%day +9.55% Missed +3% - 4
SpaceX (SPCX)
Industrials · +8.3% pre-market to $159.74 on 14.6 million shares by 9:17 AM ET
+3% target
54% confidence
EarningsSpaceX Q3 revenue of $14.6 billion beats $12.87 billion estimate; Musk says committees are weighing a Tesla merger — Investing.com
SpaceX earned an adjusted $0.35 a share against a $0.15 consensus on revenue of $14.6 billion, up 161% from a year earlier and about $1.7 billion above estimates, with net income of $4.4 billion. Elon Musk also said independent special committees are evaluating a possible merger with Tesla. Two catalysts at once and very heavy pre-market volume give the stock room to push higher after the open.
Risk: Merger talk without terms can cut both ways, and an 8% gap invites profit-taking.
From $160.56 at 9:30 AM:high +3.50% at 10:03 AMclose −0.78%day +7.79% Reached +3% - 5
Tesla (TSLA)
Consumer discretionary · +1.6% pre-market to $379.58
+2% target
52% confidence
DealMusk says special committees are evaluating a potential SpaceX-Tesla merger — Investing.com
Tesla is up 1.6% to 2% before the bell after Elon Musk said independent special committees are evaluating a merger with SpaceX, citing synergies in AI software, chip design, robotics and connectivity. SpaceX's quarter, with revenue up 161% to $14.6 billion, adds weight to the idea, and Tesla's usual daily swings make a 2% rise from the open reachable.
Risk: Tesla reports after today's close, which may keep buyers cautious, and no merger terms are public.
From $381.43 at 9:30 AM:high +1.94% at 9:51 AMclose +1.32%day +3.41% Missed +2% - 6
Micron Technology (MU)
Information technology · +3.2% pre-market to $924.50
+2% target
50% confidence
SectorSuper Micro's raised forecast and SpaceX's beat lift memory and AI chip stocks — MoneyCheck
Micron is up 3.2% before the bell as Super Micro's revenue forecast, raised by about $4 billion at the midpoint, points to stronger AI server demand, which needs large amounts of memory. South Korea's Kospi rose 3.29% overnight and Nvidia is up about 1.9% pre-market, so the chip group has support going into the open.
Risk: This is a sympathy move with no company news, and Meta's spending guidance after the close could shift the group either way.
From $923.74 at 9:30 AM:high +0.51% at 9:32 AMclose −1.09%day +1.96% Missed +2% - 7
DigitalOcean (DOCN)
Information technology · +3.7% pre-market
+2.5% target
50% confidence
UpgradePiper Sandler upgrades DigitalOcean to Overweight from Neutral; target $126 — Investing.com
Piper Sandler raised DigitalOcean to Overweight from Neutral, with a $126 price target (down from $142), and the stock is 3.7% higher before the bell. Upgrades of mid-cap cloud stocks often bring a full day of follow-through buying, and AI infrastructure names are rising this morning.
Risk: The lower price target shows the firm trimmed its numbers, which may limit buying after the open.
From $103.43 at 9:30 AM:high +0.94% at 9:30 AMclose −1.89%day +2.01% Missed +2.5%
03
Questions
What stocks will go up today?
For Wednesday, October 21, 2026, the stocks with the strongest news are Capital One (third-quarter EPS $1.19 above estimates, up 3.2% pre-market), Elevance Health (EPS $6.99 vs $4.70, outlook raised), Super Micro Computer (revenue forecast raised to $18.5–19.5 billion), SpaceX, Tesla, Micron and DigitalOcean. We estimate each has roughly a 50% to 60% chance of reaching its target above the 9:30 AM open.
Which stocks are moving on earnings today?
Before the bell on October 21, 2026, Super Micro Computer was up about 12% on a raised revenue and margin forecast, SpaceX about 8% on a revenue beat, Capital One 3.2% and Elevance Health 1.8% on profit beats. Netflix fell about 6% on a softer fourth-quarter outlook, and Intuitive Surgical fell 7.9% after a $450 million legal charge. Meta and Tesla report after the close.
What stocks got upgraded today?
Piper Sandler upgraded DigitalOcean to Overweight from Neutral on October 21, 2026, while cutting its price target to $126 from $142; the stock was up 3.7% before the bell. Upgrades of mid-cap stocks often bring follow-through buying on the day, though the lower target shows the firm also trimmed its expectations.
Why is Super Micro stock up today?
Super Micro Computer traded about 12% higher, near $36.43, before the bell on October 21, 2026, after raising its preliminary fiscal first-quarter revenue forecast to $18.5–19.5 billion from $14.5–15.5 billion, well above the $14.99 billion consensus, and lifting its gross margin range to 12.0–12.5% from 10.4–10.8%. The main risk today is a fade after such a large gap.
What are stock futures doing this morning?
Early on Wednesday, October 21, 2026, S&P 500 futures were up about 0.1%, Nasdaq 100 futures up 0.3% to 0.4% and Dow futures down about 0.1%. AI hardware stocks were rising on SpaceX's results, while Netflix and Intuitive Surgical fell after earnings. The stock market opens at 9:30 AM ET and closes at 4:00 PM ET.
04
Sources
- Premarket movers: Super Micro, SCHMID Group and SpaceX surge — Investing.com
- After-Hours Movers: NFLX, SPCX, SMCI, ISRG, COF, UAL, PEGA — Investing.com
- Capital One Financial Corp - Form 8-K, third quarter 2026 earnings release — SEC EDGAR
- Today's Market Movers: SpaceX Jumps on Earnings and Tesla Merger Talks as Netflix Falls — CoinCentral
- Today's Market Movers: SpaceX and Tesla Merger Talks Lift Stocks Before Meta Earnings — MoneyCheck
- Premarket Movers — StockMarketWatch
05
How the stocks are picked and scored
- Every trading day at 9:00 AM ET, before the 9:30 AM open, we read last night’s and the morning’s company news — earnings and guidance, analyst upgrades, deals and contracts, product and regulatory news, index changes — and pick the 6–10 liquid US stocks most likely to rise that day.
- Each pick gets a target (the expected rise from the open to the day’s high) and a confidence (the chance of getting there), and we weigh the size of the surprise, the pre-market move and the market’s mood. Stocks under $5, thinly traded ones, and targets of cash takeovers are left out.
- Each list is measured from the moment it could be acted on: the 9:30 AM opening price, or the minute it went public if that was later. “To the high” is the rise from there to the session’s highest price; “to the close”, to the closing price. A pick reaches its target when its rise to the high is at least the target.
- The S&P 500 ETF (SPY) over the same minutes is shown as the bar to beat. Results are live while the market trades and final after the close; every past list stays online with its results.
Not investment advice
These are forecasts made from public news and prices, published for education and to keep an honest record of how such calls turn out. They are not recommendations to buy or sell anything, and a call that worked before can fail the next day. Decide with your own judgment, or with a licensed adviser.